Do You Lease?
I am thinking about buying a second horse and leasing him/her out. I would like to know the average price so here it goes
What do you pay/charge:
What discipline(s) do you ride:
What State Do You Live In:
I dont lease a horse nor have I ever but I have researched it a bit. It really depends. For a good hunter/jumper/dressage or even eventing type horse, it can be a fee of a couple to a few hundred dollars and then some other fees to pay for vet/farrier and board. I don't really know how it works. I know that one barn I briefly rode at, she said that when they have available horses, she only leases them for a fee of around $200 or more, depending, and no additional stuff. Although there, you also have to have a mandatory one lesson per week, even if you board there, so it would be another $200. I hope I helped in some way.
Where I live, the prices are a lot higher than other areas. I'm from the bay area, in California. Half-leasing one of my trainer's horses is roughly $800. It includes two lessons a week, plus one hack day. My trainer runs a hunter/jumper/equitation training barn. But around here, that is considered on the cheaper side. Half-leasing just twenty minutes away from my barn costs a minimum of $1,000. Granted, I don't know where you live, and I'm pretty sure the prices won't be that high for you. Basically, here, half-leasing includes half of board, shoes, vet bills, and price for x number of lessons.
I third lease a horse at 175 a month. That is fixed and the owner takes care of all other expenses. In my case, the other people, the owner and one other lady, rarely ride, so I can ride basically when I want to . The place where we board has no arena of any kind, so it's really basic. I have to go find my horse on the 40 acre pasture . I often help with having him shod (hold him and such). but she lets me trailer him out for trail rides and such.
It is a very informal arrangement but has worked for nearly three years.
In the past, I paid 220 for a third lease at a barn with indoor andoutdoor arena. No lessons included at all and I had to ride on fixed days and if I couln't ride, I had to arrange for the horse to get turnout, or he'd be a suicide bomb the next day.
Just about all leases i have ever heard of are free leases. Unless the horse you buy is a very well trained high level school master of some discipline you won't be able to make money off of it. The situations I am familiar with are someone leases your horse and they just take over the care of the horse. they pay board, shoes, vet, etc, but they don't pay you. From what I know buying a horse just to lease it out will not make you any money. Just my 2 cents.
Why would you buy a horse just to lease it out? If your thinking your gonna make money on it, you wont. Most people who lease, either can afford the care all by themselves or dont have the time for it.
Most of the leases around here are free, if its an exceptional horse they may get the board out of it, but that is a rare.
Ive leased before, but it was more of a sale on a payment plan...
I leased one out before too, it was a nightmare. I would lease again, but only under my care.
at the barn I ride at, in sw florida, it's $375 partial lease. That includes 3 days of riding and you pay 1/2 farrier and 1/2 vet care. That is basically you are paying 1/2 the horses expenses. The people that do this have either too many horses and cannot ride them all enough or need help with their expenses so they lease them out. I have seen a few ads for free leases which, as someone mentioned earlier, is usually the person doesn't have time/money for the horse but doesn't want to sell it. They are usually free leases if you keep the horse on the same property it is already at and you pay board, farrier, etc...
I should add that $375 is fairly expensive for my area. I see ads all the time on craigslist and other websites and the average price for partial lease is $150 a month, MAYBE $250 if it's a really nice horse at a really nice barn.
It's not something you'll make money at. People mostly do it so that they can keep ownership of the horse without losing money (or at least as much as they were).
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